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Monday, August 08, 2022



Rajkummar Rao's PAN card 'misused' to take out loan, actor says 'fraud alert'

April 02, 2022 1:15 pm

Rajkummar Rao took to Twitter to call attention to the fraud.

‘Retail credit market bounces back, PSBs lead’

November 12, 2021 5:37 am

Cibil said inquiry volumes have increased by 54 per cent between February and October, as economic activity gained momentum.

Consumer credit: ‘Almost half of first time borrowers below 30; small ticket loan demand jumps’

June 11, 2021 5:30 am

Small ticket loans less than Rs 25,000 — characterised by searches for “phone on loan”, “laptop on EMI” and “mahila loan 30000” — in loan disbursals among all personal loans has gone up from 10 per cent in 2017 to 60 per cent in 2020, the report said.

‘Fraud attempts against logistics cos up 224%’

April 30, 2021 4:22 am

The fraud level more than trebled — up 224 per cent — and has been a significant development during Covid-19 times, the credit information bureau said.

‘Retail loans approvals set to fall, defaults may rise’

June 12, 2020 12:24 am

Cautioning about a rise in defaults, it said, “The inability of some consumers to pay their debts post the moratorium period ending is likely to adversely impact their scores, and consequently the default probability may see a rise.”

MSME loans worth Rs 2,32,000 crore at risk of defaulting: Cibil

May 05, 2020 12:40 am

The NPA rate for MSMEs has increased continuously over last few years to reach 12.6 per cent as of December 2019, Cibil said in a report.

Why tracking your credit score has become more important than ever

October 11, 2019 4:02 pm

Banks are linking loan interest rates to the credit profiles of customers, meaning late payments can hurt you.

Muthoot Finance offers loan of up to Rs 10 lakh to salaried class in Delhi, NCR

May 21, 2019 5:50 pm

Muthoot Finance will target customers in the age group of 24-58 years and working in private, state and central government jobs to avail personal loans for 1-5 years.

In bad debt cloud, silver lining for banks: Aam aadmi

March 14, 2016 2:46 am

Amid serious concerns over bad debts across corporate and SME (small and medium enterprises) segments, there is one bright spot for banks — the retail consumer.

Credit information: Nod for loan may hinge on payment history of your utility, mobile bills

August 14, 2015 6:07 am

Efforts are on to expand credit history coverage to include payments of mobile, insurance and utility services bills that can be used for background checks.